Marketing costs doubled ahead of Canadian marijuana legalization, but medical pot still the bulk of Aurora’s business. Massive demand for marijuana and a scramble to capitalize on adult recreational legalization in Canada generated more revenue for Aurora Cannabis Inc. but cost the company millions, according to quarterly results reported Monday. Aurora ACB, -3.02% ACB, -2.61% stock fell 4.5% to $6.96 during regular trading Monday and was flat in Read entire story

'We're standing up for cannabis culture,' says Christopher Mennillo, co-owner of a head shop chain. In the back room of a head shop in downtown Montreal, there are boxes stuffed with shirts, lighters, board games, and even colouring books. They've all been pulled off the shelves because — even though cannabis is now legal for recreational use in Canada — stores in Quebec aren't allowed to sell anything with words or images associated with Read entire story

Arnold Meyer spent 40 years working at the Tolko Industries Ltd. mill in Merritt, B.C., but then he faced the reality of being laid off. The 62-year-old was one of about 200 employees who lost their jobs in 2016, crippling the economy of the small town in British Columbia's southern Interior and prompting politicians to promise to restore the ailing forestry sector. Two years later, the province's lumber industry is still facing challenges, but Read entire story

The rows of marijuana plants sway under bright lights. A chef is preparing to dye gummy cubes different colors, while a worker labels packages. As it prepares to enter Massachusetts' legal market for recreational marijuana, New England Treatment Access has spent the last two years expanding. "It's a question of scale," said Norton Arbelaez, director of government affairs for NETA. NETA was one of the first two companies, along with Cultivate Read entire story

Recreational cannabis is now legal in Canada and in case you didn’t notice, it’s kind of a big deal. Canada is the first major country to legalize weed like this, and as such a lot of people are watching and waiting to see what happens. Will Canada be able to handle legal weed? How will the economy fare? One question on a lot of people’s minds is how cannabis tourism will do in Canada. Is Canada the future of cannabis tourism, a new Amsterdam if Read entire story

While retailers and cannabis consumers let loose, a Calgary lawyer isn't celebrating cannabis legalization. While retailers and cannabis consumers let loose, a Calgary lawyer isn't celebrating legalization. Dale Fedorchuk, a criminal defence lawyer based in Calgary, joined David Gray on the Calgary Eyeopener this week to talk about the other side of legalization: the criminal and legal repercussions. This is an edited version of that Read entire story

The Nova Scotia Liquor Corporation has set its initial prices for cannabis — but says it will have less than 40 per cent of requested quantities on hand when the drug is legalized for recreational use on Wednesday. The corporation says it had expected to offer 300 products representing 78 strains, but has been reduced to 97 products representing 52 strains due to supply problems it says are being experienced nationwide. Cannabis will be Read entire story

A province-by-province breakdown of government-approved stores opening on October 17. You’re welcome. Cannabis is going to be legalized in across Canada next Wednesday, October 17, but that doesn’t mean everyone is going to be able to buy and consume legal weed then. Not being able to get hands on the legal stuff will be the situation a lot of Canadians find themselves in come legalization day. To be blunt (hehe) about it, the provincial Read entire story

When it comes to cannabis stocks, the public can't get enough. After years of challenging access to capital, 2018 has seen a remarkable improvement for U.S. cannabis operators. In the summer, two leading companies went public, MedMen and Green Thumb Industries. Both stocks have performed well, and each of the companies has subsequently priced secondary offerings, raising additional capital to fund acquisitions and capital expenditures. Aurora Read entire story

Ontario could have up to 1,000 private pot shops after recreational cannabis is legalized, the province's Progressive Conservatives said Thursday, significantly more stores than planned under the previous Liberal government. While introducing legislation to create a regulatory regime for cannabis sales, the government said it expected a flood of applications from those looking to run the private stores that will open next April and noted that Read entire story

The cannabis industry is in desperate need of trained workers as legalization looms. British Columbia’s Okanagan College has a mandate to serve the interests of businesses in its community. So when licensed cannabis producer Sunniva started building a greenhouse and manufacturing facility in the region, the company reached out to the school in the hopes of forming a partnership. Sunniva knew it would need to hire 200-plus employees for their Read entire story

Most Americans have already tried pot and many use it regularly. So why all the overwrought reactions? Elon Musk may be in trouble, but it has nothing to do with the relatively young CEO taking a puff of marijuana on camera, as many have been led to believe. Tesla’s stocks tumbled 6 percent Friday, coincidentally after Musk took a singular toke of weed, but if the stock’s decline was related to his one puff rather…
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Looking to find the cannabis job of your dreams? Of course you are because a lot of us want to work in the cannabis industry. Why not? Most cannabis industry jobs pay fairly decent, and pretty chill. It certainly seems better than getting paid to get yelled at by sweaty strangers when you put too much lettuce on their sandwich. So how do you go about finding the cannabis industry job that is right for you? Luckily, there are plenty of resources Read entire story

With medical marijuana now legal in well over half of the U.S. and recreational marijuana use allowed in nine states (and counting), cannabis companies are scrambling to fill a rush of new jobs in the industry—an estimated 340,000 of them nationwide by 2020. Contemplating a career change? Think about this: In older, more established businesses, you may have noticed, a lack of industry-specific experience can land your resume in the circular file Read entire story

One of the first rules of operating a successful black market drug dealing operation is to never get high on your own supply. Well, it turns out this thug-life ethos is being practiced by parts of the legal cannabis industry. Medical marijuana cultivation facilities, dispensaries and other pot-based businesses operating in the post-prohibition landscape are reportedly rejecting job applicants with a strong admiration for weed. Even those marred Read entire story